American Public Education (NASDAQ:APEI) Price Target Cut to $15.00

American Public Education (NASDAQ:APEI) had its price target lowered by stock analysts at Truist Financial from $20.00 to $15.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has a “hold” rating on the stock. Truist Financial’s price objective suggests a potential upside of 11.77% from the company’s current price.

A number of other equities research analysts also recently issued reports on APEI. Barrington Research reduced their price objective on shares of American Public Education from $24.00 to $18.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. B. Riley increased their target price on shares of American Public Education from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Finally, StockNews.com cut shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 7th.

American Public Education Stock Down 0.2 %

APEI stock traded down $0.03 during trading on Tuesday, reaching $13.42. The stock had a trading volume of 278,047 shares, compared to its average volume of 222,077. American Public Education has a one year low of $4.05 and a one year high of $21.04. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average is $17.32 and its two-hundred day moving average is $14.98. The company has a market capitalization of $235.86 million, a price-to-earnings ratio of -5.10, a P/E/G ratio of 1.72 and a beta of 1.31.

Insider Activity

In related news, EVP Craig S. Macgibbon sold 6,519 shares of the stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total transaction of $113,104.65. Following the transaction, the executive vice president now owns 37,751 shares of the company’s stock, valued at approximately $654,979.85. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, EVP Craig S. Macgibbon sold 6,519 shares of the stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total transaction of $113,104.65. Following the transaction, the executive vice president now owns 37,751 shares of the company’s stock, valued at approximately $654,979.85. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Craig S. Macgibbon sold 1,500 shares of the stock in a transaction on Monday, May 20th. The shares were sold at an average price of $18.40, for a total transaction of $27,600.00. Following the transaction, the executive vice president now directly owns 41,783 shares in the company, valued at approximately $768,807.20. The disclosure for this sale can be found here. Corporate insiders own 11.38% of the company’s stock.

Hedge Funds Weigh In On American Public Education

Several institutional investors and hedge funds have recently made changes to their positions in the business. Innealta Capital LLC bought a new stake in American Public Education in the 2nd quarter worth $34,000. Public Employees Retirement System of Ohio bought a new stake in American Public Education in the 1st quarter worth $130,000. Hillsdale Investment Management Inc. bought a new stake in American Public Education in the 1st quarter worth $141,000. Cannon Global Investment Management LLC bought a new stake in American Public Education in the 1st quarter worth $145,000. Finally, Lazard Asset Management LLC bought a new stake in American Public Education in the 1st quarter worth $182,000. Institutional investors own 79.62% of the company’s stock.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.